Malta: New 15% tax rate for senior employees in family offices and treasury operations

Applications for reduced rate are open from January 1, 2025, to December 31, 2034.

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october 30, 2025

A reduced 15% tax rate on qualifying employment income is available for senior employees under the Senior Employees of Family Offices, Back Offices, and Treasury Management Operations Tax Rules, 2025.

The reduced tax rate applies to senior employees with eligible positions in single or multi-family offices, back office services, or treasury management operations. To qualify, individuals must have the necessary qualifications, at least five years of experience in the field, and earn a minimum of €65,000 annually from the respective employment. The reduced tax rate is available for five years from the issuance of a formal determination and may be extended for two additional five-year periods if conditions are met.

Applications for this tax benefit are open from January 1, 2025, to December 31, 2034.

Read an October 2025 report prepared by the KPMG member firm in Malta

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